Bhim Axis Pay Upi App Registration and Money Transfer Guide

Author

Reads 665

Delivery Man Using a Payment Terminal
Credit: pexels.com, Delivery Man Using a Payment Terminal

To get started with Bhim Axis Pay UPI app, you'll need to register for an account. Download the app from the Google Play Store or Apple App Store and install it on your smartphone.

The app is available for both Android and iOS devices, making it easily accessible to a wide range of users.

To register, you'll need a valid Indian mobile number, which will serve as your UPI ID. This ID will be used to send and receive money, making it essential to have a reliable and accessible number.

Related reading: Store Pay Shop Pay

Registration

To register on BHIM Axis Pay, you'll need to download the app from the Google Play Store or Apple Store. You can choose your preferred language when downloading the app.

First, you'll need to verify your mobile number by selecting the mobile number registered with your bank. This step is crucial to ensure that you're the actual account holder.

Next, you'll need to add your name and email ID, as well as set a 6-digit passcode for the app. You'll need to re-enter the passcode to confirm it.

Credit: youtube.com, BHIM Axis Pay UPI | How to Register, Link Bank AC, UPI Transaction & how to use it

After that, you'll need to select your bank and bank account from the list of available options. Make sure to choose the correct account to avoid any issues.

You'll also need to set a Virtual Payment Address (VPA)/UPI ID for the selected bank account. This will be used to send and receive payments.

To complete the registration process, you'll need to set a UPI PIN for the account using your debit card details and OTP. This PIN will be used to authenticate transactions.

Here's a quick summary of the registration steps:

  • Download the BHIM Axis Pay app from the Google Play Store or Apple Store
  • Verify your mobile number
  • Add your name and email ID, and set a 6-digit passcode for the app
  • Select your bank and bank account
  • Set a VPA/UPI ID for the selected bank account
  • Set a UPI PIN for the account using your debit card details and OTP

By following these steps, you'll be able to register on BHIM Axis Pay and start using the service to send and receive payments instantly.

Sending Money

To send money using BHIM Axis Pay UPI, you'll need to follow a few simple steps. First, select the UPI ID of your account and the receiver's UPI ID.

You can do this by logging into your BHIM Axis Pay UPI App and selecting the two UPI IDs. Enter the amount to be sent, and then proceed to pay.

A different take: Bhim Sbi Pay

Credit: youtube.com, How to make hassle-free payments using the Axis Pay UPI app

Next, you'll be required to enter the UPI PIN to complete the transaction. This ensures that the money is sent securely to the recipient.

Here's a quick summary of the steps:

  • Login to your BHIM Axis Pay UPI App
  • Select the UPI ID of your account & the receiver’s
  • Enter the amount to be sent
  • You will be required to enter the UPI Pin
  • And the money transfer is done

Remember to enter the correct UPI PIN to avoid any issues with the transaction.

How to Receive

Receiving money using the BHIM Axis Pay UPI App is a straightforward process. You simply need to select your own UPI ID and the sender's UPI ID.

To initiate the transaction, enter the amount receivable. This is the amount of money you want to receive from the sender.

Here's a step-by-step guide to receiving money:

  • Select your own UPI ID
  • Select the sender's UPI ID
  • Enter the amount receivable

Once the sender approves the transaction on their app, you'll receive the money.

Mandates and Limits

You can set automatic transfers on a particular date, in regular intervals, from your Axis Pay UPI account using the Mandate Feature of UPI 2.0.

The payer can create a mandate by logging into their BHIM Axis Pay UPI App, selecting the 'UPI Mandate' option, and clicking on 'Create New'. They will need to enter the payee's UPI ID, start date, end date, and the amount they want to transfer every time.

Check this out: AXIS Capital

Credit: youtube.com, How to create Axis bank Bhim UPI wallet | axis Bank unlimited Bank account add | axis Bank |

The payer can also choose to notify the payee about the mandate creation, and the payee can either reject or execute the mandate.

Here are the transaction limits for Axis Bank UPI:

Mandates

Mandates allow you to set automatic transfers on a particular date or in regular intervals from your Axis Pay UPI account.

You can create a payer-initiated mandate to set automatic transfers, which will block the amount on your account for the mandate amount. To create a new mandate, log in to your BHIM Axis Pay UPI App, select the 'UPI Mandate' option from the side menu, and click on the 'Create New' option.

To create a payer-initiated mandate, you'll need to enter the payee's UPI ID, start date, end date, and the amount you want to transfer every time. You can also choose to notify the payee by selecting the 'Notify Recipient' option.

The payee will receive a notification about the mandate and can either 'Reject' or 'Execute' it. If they choose to execute it, the amount will be debited from your account and credited into the payee's account.

If this caught your attention, see: Axis Mutual Fund

Credit: youtube.com, Who Has New Regulations to impose restrictions like tax passport & other mandates

Payee-initiated mandates allow merchants to block bill amounts before customers avail of goods or services. For example, hotel bookings require the payment to be blocked in advance.

Here are the steps to accept a payee-initiated mandate on BHIM Axis Pay:

  • The payee submits a request to the payer's UPI ID with information such as transfer amount, reason, and transfer expected date.
  • The payer is notified via an SMS about the request.
  • The payer logs in to Axis Pay to approve the transaction.
  • The payer taps on the 'Mandate' option on the side menu and goes to the 'Request Received' option.
  • The payer must approve the mandate by entering the UPI PIN.
  • Once authorized, the payee will implement the mandate on the date stated in the Mandate.

Bank Transaction Limit

The daily transaction limit for Axis Bank UPI transactions is Rs. 1,00,000.

You can make a maximum of 20 transactions per day through the bank's apps.

The per transaction limit is also Rs. 1,00,000.

For third-party apps, the daily transaction limit is 10 transactions.

New UPI users have a transaction limit of Rs. 5,000 within 24 hours of registration.

If you're an iOS user, the new user limit is Rs. 5,000 within 72 hours.

There's also a limit of Rs. 2,00,000 for categories like Capital Markets, Collections, Insurance, and Foreign Inward Remittances.

Here's a summary of the daily transaction limits:

App Information

You can download the BHIM Axis Pay UPI App from the Google Play Store or Apple Store.

Credit: youtube.com, Are There Any Charges For Using Axis Pay UPI App?

The app allows you to link any bank account with your UPI ID, making it easy to send and receive money securely.

To install the app, simply launch it and enter your mobile number. The app will then send an SMS to Axis Pay to verify your number.

You can choose a Virtual Payment Address (VPA)/UPI ID, such as your name@axisbank, during the setup process.

The BHIM Axis Pay UPI App offers a range of services, including sending and receiving payments, making purchases, and bill payments.

Here are the platforms through which Axis Bank provides UPI services:

  • BHIM Axis Pay
  • Axis Mobile
  • Freecharge
  • Amazon Pay
  • Bajaj Finserv Direct Ltd
  • CRED
  • Google Pay
  • Jupiter
  • Samsung Pay
  • Slice
  • PhonePe
  • WhatsApp

Customer Support

If you're experiencing issues with BHIM Axis Pay, try updating the app to the latest version first. This simple step can often resolve common problems.

Ensure that your mobile number is registered with the SIM card and has a proper data and SMS plan. This is crucial for a smooth registration process.

Make sure you have an active debit card linked with your account. This will help facilitate transactions and prevent any errors.

If you've tried the above steps and the issue persists, try clearing the data and registering again. Sometimes, a fresh start is all you need.

If none of the above steps resolve your issue, you can reach out to the bank's customer care team for further assistance.

On a similar theme: Pay Pal Card

Merchant and Developer

Credit: youtube.com, Unified Payment Interface (UPI) – Complete Analysis

You can use BHIM Axis Pay to make payments on merchant apps like Swiggy, where you can select the payment option as "Pay via UPI" and enter your default UPI ID.

Axis Pay UPI is also merchant payment friendly and allows you to make payments to merchants where UPI is available, including retail outlets like Reliance Digital.

To pay at retail outlets using Axis Pay UPI, you have two options: scanning the UPI QR code placed by the store's POS machine or sharing your UPI ID with the billing person.

Some popular merchants at which Axis Pay UPI can be used for payment include Amazon, Uber, Google, Samsung, Freecharge, BigBasket, Swiggy, and Book My Show.

You can even use BHIM Axis Pay to make online recharges to your prepaid mobile numbers and DTH recharges instantly by entering the mobile number and recharge amount, and confirming with your UPI PIN.

The BHIM Axis Pay UPI App allows you to add both Axis Bank and Non Axis Bank accounts, and you can also add multiple accounts at the same time.

For your interest: Pay Pal Bank

A Person Paying Cashless
Credit: pexels.com, A Person Paying Cashless

Here are some features of BHIM Axis Pay:

  • Anyone can use the BHIM Axis Pay UPI banking app to make payments from their mobile to anyone without knowing the recipient's bank details.
  • You can link the beneficiaries just by using their UPI ID on the BHIM Axis Pay mobile payment app.
  • Verify your account & set a UPI PIN.
  • Confirm online mobile recharge by entering UPI PIN.
  • Confirm DTH recharge by entering UPI PIN.

Frequently Asked Questions

What is Axis pay?

Axis Pay is a UPI app that enables secure and instant money transfers with your UPI ID. It's a convenient way to send and receive money quickly and easily.

Richard Harvey-Nolan

Junior Writer

Richard Harvey-Nolan is a rising star in the world of journalism, with a keen eye for detail and a passion for storytelling. With a background in economics and a love for finance, he brings a unique perspective to his writing. As a young journalist, Richard has already made a name for himself in the industry, covering a range of topics including precious metals news.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.